Wednesday, December 8, 2010

Why Paul Konerko's New Contract Is Not Money Well Spent....

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"O Captain! my Captain! our fearful trip is done;
The ship has weathered every rack, the prize we sought is won"
(Walt Whitman - 1865)

The captain of the south side is back. Breaking news this morning that Paul Konerko signs a three year deal worth 37.5 million dollars. According to the White Sox press release on the new deal, "Paulie" will receive $12 million in 2011 and 2012 and $13.5 million in 2013. Of the $13.5 million due in the final year of the contract, he will receive $6.5 million in 2013 and $1 million annually from 2014-2020. The talk of the deal of the last couple of days has been up and down from its a for sure deal to be had to what seemed like the White Sox last chance at signing the 34 year old first baseman. However in what seemed like the final day of possible talks between Konerko and the White Sox, Konerko decides that his home for the last twelve seasons is where he would like to be.

Coming off what could be considered the best season of his career, Konerko was rumored to make anywhere from 13-15 million dollars a year with multiple teams rumored in the mix. However the captain decided to stick with his mates on the south side of Chicago at what seems like a hometown discount with the way this contract is structured. Currently at an estimated payroll of around 107 million dollars and Kenny Williams using the term "all in" as far as how the team will approach the final payroll figure for the 2011 season, White Sox fans should be excited that their team is bringing in high dollar talent to compete with the big boys of the American League.

However with all the spending the White Sox are doing by bringing in sluggers like Adam Dunn and now with the addition of Paul Konerko, is Kenny Williams going about this the right way?

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